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Iron And Steel Development: Nigerian Government Set to Revive Ajaokuta Steel Plant

Last updated: June 9, 2025 9:09 am
6 months ago Terhemba Akayah
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The Nigerian Government says reviving Ajaokuta Steel Plant, once considered the cornerstone of the country’s industrial ambitions, will create jobs, enhance local production capacity, and contribute significantly to national economic growth.

Minister of Steel Development, Shuaibu Abubakar-Audu told a gathering during the Eid el Kabir celebration in his country home in Ogbonicha, Ofu Local Government Area of Kogi State that reviving the project, which has reached advanced stage, is part of a broader strategy to boost the nation’s economy through industrial and steel development.

He said the move underscores the bold economic reforms and developmental vision of President Bola Tinubu’s government.

MUST READ: Nigeria needs over $2bn to revive Ajaokuta Steel Plant – Minister

The minister also pointed to early signs of the President’s “Renewed Hope” agenda taking root, including a slight drop in the prices of some essential food items, a development he attributed to improved policy direction.

Abubakar-Audu appealed to Nigerians particularly the people of Kogi State to continue to support the Tinubu administration to enable it to deliver on its campaign promises.

(Editor: Okechukwu Eze)

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